TEX 8
TEX 8 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 87,004 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $315K, with roughly $56K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 66 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was January 2017, at 450 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about TEX 8
- Who operates TEX 8?
- TEX 8 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is TEX 8?
- TEX 8 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42884.
- Is TEX 8 still producing?
- TEX 8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEX 8 is August 2026.
- How much has TEX 8 produced?
- TEX 8 has reported 87,004 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 2 wellbores.
- How much is TEX 8 worth?
- The remaining production from TEX 8 is estimated to be worth about $315K in total as of 26 August 2026, within a range of $173K to $456K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEX 8 is a fraction of it. The estimate fits an Arps decline curve to the production TEX 8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEX 8 is an estimate of value, not an offer and not an appraisal.
- How much income does TEX 8 generate in a year?
- TEX 8 is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEX 8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 42884 |
| Wellbores | 2 |
| Reported production | 87,004 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $315K |
Where TEX 8 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.